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305 East 24th Street 5SNew York, NY 10010

For Sale

$525,000

Smart Buyer Rebate - Ask

A Peaceful Urban Escape in the Heart of Manhattan

Welcome to Residence 5S at The New York Towers - a bright, south-facing one-bedroom that captures the perfect balance of serenity and city living. Tucked away on a quiet cul-de-sac, this inviting home feels like a calm retreat just moments from the pulse of Gramercy and Kips Bay.

Inside, the spacious layout unfolds gracefully, with a sun-drenched living area large enough to accommodate dining and a dedicated home office. The open plan lends itself to modern living, while oversized windows bathe the space in natural light throughout the day. Whether you're looking for your first Manhattan home or the ideal pied-à-terre, this residence offers both comfort and flexibility.

The bedroom provides a tranquil haven for rest, and the well-maintained bath and kitchen are ready to enjoy or customize to taste. Washer/dryers are permitted with board approval, and there's also a newly renovated central laundry room for added convenience.

New York Towers is a highly regarded, full-service cooperative offering 24-hour doorman and concierge, a live-in superintendent, bike and private storage, and direct access to an on-site garage with discounted rates for residents. The building welcomes pets and allows parents purchasing for kids, co-purchasing, gifting, and guarantors. Subletting is permitted for two out of four years, and there's no flip tax.

Perfectly positioned near Madison Square Park, Union Square, and Stuyvesant Square Park, this home places you minutes from Fairway, Trader Joe's, Eataly, and some of the city's most beloved dining destinations, from Shake Shack to the restaurants of Gramercy and Flatiron. With nearby transportation and Citi Bike docks, every corner of the city is within easy reach.

Listed by Fainna Kagan

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Corcoran Group

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(718) 775-5287

Last updated October 22, 2025

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Source: REBNY #RLS20054456

Listing Facts

  • TypeCo-op
  • NeighborhoodKips Bay
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu8
  • HOA/Maint. Fees$1,581/month
  • Size525 sqft
  • Price per sqft$1,000

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

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Listing History

10/14/2025
Listed by Corcoran Group
$525,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $525,000 and a 25% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 305 East 24th Street 5S

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Full Time, Concierge Full Time

Fees

  • Association Fee: $1,581.00 Monthly

Financial

  • Flip Tax Remarks: None. NONE

Exterior

Construction

  • Number Of Units Total: 399
  • Stories Total: 20
  • Structure Type: High Rise
  • Year Built: 1966
  • Building Name: New York Towers
  • Entry Level: 5

Features

  • Building Features: Elevator(s)
  • View: City

Financial

Taxes

  • Parcel Number: 0930-0001-00305-000-000005S

Interior

Features

  • Appliances: Washer Dryer Allowed

Measurements

  • Living Area: 525
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Kips Bay
  • Tax Block: 00930
  • Tax Lot: 0001

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.